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You are here:
$1,099,000
3 Unit
7 Beds
3 Baths
3078 SQFT
0.09 Acre
250 Hyde Park Ave
Boston, MA 02130

Property Description

3 Family house is an excellent opportunity for condo conversion, or three rentals in Jamaica Plain is a fantastic investment opportunity for anyone looking for a turnkey property with a proven rental history. All three units currently have leases expiring on 6/30/24, 8/31/24, 6/30/24. Opportunity to raise rents or condo conversion. Current residents have all lived in the home for at least several years. The apartments are spacious and well-lit and have two or three bedrooms, one bathroom, a living room, a dining room, a kitchen, a pantry, a washer/dryer, and a porch. The location is convenient, with easy access to the Forest Hills (Orange Line) and Bus 39, which connect to the shops on South Street and the Arborway. Additionally, the front entrance of the Arnold Arboretum is located nearby. Total annual rental income is currently below market at $85,200. Excellent opportunity for condo conversion or rarely available three-apartment rentals. Offers are due Tuesday, 30 April, at noon.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: House of Worship, Medical Facility, Park, Public Transportation, Shopping, T-Station
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Active Solar, Central Heat, Electric Baseboard, Hot Water Radiators, Hot Water Radiators, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 85200
  • Net Operating Income: 85200

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Oven
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73226866
  • Last Updated: 04/30/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/30/2024Contingent$1,099,000$357MLSPIN
04/26/2024Active$1,099,000$357MLSPIN
04/22/2024New$1,099,000$357MLSPIN
08/07/2023Expired$1,229,000$399MLSPIN
07/10/2023Active$1,229,000$399MLSPIN
07/06/2023New$1,229,000$399MLSPIN

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Seller's Representative: Greg M. Dorsey, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2%
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-04-30 18:21:00

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